NCDL notified the amendment of the guidelines

Sep 14, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The National Commodity & Derivatives Exchange Limited (NCDL) on September 11, 2024, issued the notification regarding the Online Closure of Trading Account.

The following has been stated namely: -

• To simplify and harmonize the online account closure process of the trading account with that of demat accounts, the guidelines for the online closure of trading accounts as prescribed have been revised.

• The points nos. 3, 4, 7 & 9 have been modified.

The updated guidelines are provided in Annexure A.

[Notification No. NCDEX/COMPLIANCE-066/2024]

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